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Spellbound back from insolvency as Black Forest Games

Gothic 4 developer Spellbound has re-emerged from insolvency as a new company called Black Forest Games. The key members of Spellbound's Management and creative team have remained with the firm, as well as 40 staffers out of the original team of 65. The firm wants to re-establish itself as "a leader in RPG and strategy games". "Black Forest Games will add to the legacy of Spellbound Entertainment by empowering the core of the team to build an even greater company that is tuned to today's market opportunities," commented CEO Andreas Speer. "With the talent and IP we have internally, we know we'll again be recognised as a leader in the creation of games for the RPG and strategy genres." Thanks, Eurogamer.

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